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File: 2016 - 05 NR re Neptune Option Amendment_Sep 28.pdf

For Immediate Release                                                                 September 28, 2016
Trading Symbol: RSV   TSX-V

                                           NEWS RELEASE


  RESOLVE VENTURES AMENDS NEPTUNE LITHIUM OPTION, ADVANTAGE LITHIUM
                GRANTED OPTION ON NEPTUNE PROPERTY

September 28, 2016, Vancouver, British Columbia   Resolve Ventures Inc. ("Resolve" or the
"Company") is pleased to announce that it has entered into an agreement (the "Amending Agreement")
with Nevada Sunrise ("Nevada") and Advantage Lithium Corp ("Advantage") to allow Advantage to
earn up to a 50% working interest in the Neptune lithium property (the "Property") by, among other
things, incurring $700,000 in exploration expenditures on the Property.

The Amending Agreement amends and supersedes the Company's joint venture and option agreement
with Nevada dated May 3, 2016 (the "Original Option Agreement"). Pursuant to the Original Option
Agreement, Resolve had the right to earn up to a 50% working interest in the Property. In May 2016,
Resolve fulfilled the obligations of its initial 25% earn-in for the Property. Pursuant to the Amending
Agreement, Resolve has now agreed to terminate its right to a second stage earn-in where Resolve could
have increased its interest to 50%. The Amending Agreement grants Advantage the option to earn up to a
50% interest in the Property, with the Company and Nevada each retaining a 25% interest. Upon
Advantage exercising its option to earn a 50% interest, a 3-way joint venture will be formed, with Nevada
and Resolve each retaining a 25% interest.

To earn a 50% participating interest in Neptune, Advantage must fulfill the following obligations:

        (a)     incur total exploration expenditures of CDN$700,000, as follows:
                        a minimum of CDN$100,000 before July 29, 2017;
                        a minimum aggregate of CDN$300,000 before July 29, 2018; and
                        a minimum aggregate of CDN$700,000 before July 29, 2019,

        (b)     exercise its initial option agreement with Nevada for five lithium properties, one of which
        is the Neptune Property;

        (c)      make annual common share payments to the underlying owner of the Property, either by
        direct issuance of Advantage's common shares, or by reimbursing Nevada with Advantage
        common shares should Nevada issue its shares to the underlying owner, at the underlying owner's
        option.

Nevada will act as manager of exploration during the Advantage earn-in period and will charge a 10%
management fee. For further information regarding the agreements between Nevada and Advantage, see
Nevada's news releases dated July 29, 2018 and August 29, 2016.
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If the Amending Agreement is terminated prior to the Advantage earn-in date, Resolve can resume its
right to the second stage option and regain the right to earn a 50% interest in Neptune, subject to fulfilling
certain conditions.

ON BEHALF OF THE BOARD OF DIRECTORS

"David Baker"

David Baker, President and CEO
For further information, please call (604) 817-4211 or (604) 685-3317
Visit our website: www.resolveventures.com

FORWARD LOOKING STATEMENTS
All statements in this release, other than statements of historical fact, are "forward-looking information" with
respect to the Company within the meaning of applicable Canadian securities laws ("forward-looking statements"),
including statements that address the exploration and development of the Neptune property. These statements
involve known and unknown risks, uncertainties and other factors which may cause the actual results, performance
or achievement of Resolve to differ materially from those anticipated in such forward-looking information.
Although Resolve has attempted to identify important factors that could cause actual actions, events or results to
differ materially from those described in forward-looking information, there may be other factors that cause actions,
events or results not to be as anticipated, estimated or intended. There can be no assurance that such information
will prove to be accurate as actual results and future events could differ materially from those anticipated in such
statements. Resolve disclaims any intention or obligation to update or revise any forward-looking statements, except
as required by applicable law.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of
TSX Venture Exchange) accepts responsibility for the adequacy of accuracy of this release.